Your Trade Value?

[Roger & Pamela]

Again, many sites are availble for you to research on the Internet, and again, you must study the difference between "trade in" value and "private party" value. I believe it helps to look at this transaction from a dealer's viewpoint. A dealer believes he/she makes trade-in offers as a service, and you won't have to try to sell your own vehicle (accepting strangers to your property, letting them drive the vehicle, worrying about the financing, advertising your vehicle, etc.) Yes the dealer wants your business, but it is a business decision. You see, a dealer can go to auction on buy vehicles to inventory on the lot too. An average dealer will likely offer you $3,000 to $4,000 less than "retail" value for your trade, with the objective of reselling your trade for an average $1,000-$1,500 profit, knowing that pre-owned buyers negotiate too! You will have to go through the marketing and sales process yourself to do better.